Leclanché has confirmed order book of 95 MWh through 2018, qualified pipeline of >450 MWh

By mmillikin At its 2016 Annual General Meeting in Switzerland, vertically integrated energy storage company Leclanché announced it has a confirmed order book of 95 MWh through 2018—equivalent to more than US$50 million in revenue—and a qualified pipeline of more than 450 MWh. In eTransport, Leclanché is expecting to generate more than 150 MWh per year, equivalent to more than US$45 million in revenue, from 2019.

Anil Srivastava, CEO of Leclanché, provided an overview of 2016’s key achievements, including 56% increase in revenue, more than 2.5 times 2014’s figure; 16-fold increase in order intake; steady-state EBITDA loss reduction by 54%, year-on-year; and off-balance